Arizona silver belt. [volume] (Globe City, Pinal County, Ariz.) 1878-19??, 1887-03-05
Saturday, March 8, 1887



freshing the memory of Ariaonas
citizens in regard to the Act of the
Legislative Assembly of 1879, author
iging the sale of lottery tickets under
the euphonious title Of the Arizona
development Company" That law
(as the bill now under consideration
contained the seemingly agreeable
feature Of aiding the public exchequer.
1t required ten per cent of all prizes
to be paid to the Territorial Treasurer,
"and by him distributed as required
by law" but unhappIly for the IN
tended bene6ce congress disapproyed
the charitable act of the Assembly,
thereby causing ticket-holders to ask
"if it was so quickly done for, wonder
what it was begun for, Michael
Goldwater was one of its projectors
who suffered financially more than any
one else, Fremont and Sosper (also
promoters of the scheme) were not
even winged, but are supposed to have
been pecuniarily benefited. The net
creating the Arizona Development
Company will be found on page Is
and IL Of Acts Of the 10th Legislative
Assembly.
Congress frowned upon all lotteries,
gift-gonesrts and similar enterprises
when it enacted that no letter or cir
Gular concerning them should be
mailed--upon theground, as expressed
in the Act, that lottery schemes were
intended "to deceive and dsfraud the
pubic" For a violation of the Act
sec. 1894, revised Y S. Statutes (page
75s, edition 1879 attached a penalty
by fine of not more than $500 Dor'less
than 800, with cost of prosecution.
In view of the disposition Of the
lottery scheme Of 1879 BY congress, it
is not difficult to dOYiue the probable
fate Of the one which is now occu-
pying the attention of our 14th
Legislative Assembly should it meet
the approval of that body and receive
the signature of the Governor.
The Prescott Courier, of the Gath
inst, in an editorial says "Ths Ari-
zona bill will, should it become law,
put $4,000 in the school fund and
$4,000 in the general fund, each
year, and the corporation will
dlsburse at least 100000 yearly, and
She stock dividends will run up S250.
600. The first drawing is to take
place four months after date of ap.
prevail Of the Act" The Courier's
computation of profits arising from
the creation of the Arizona Lottery,
will, ineffsot, take the place Of Aladin,s
lamp, but such gifts wax poor when
viewed in the light Of results. The
Courier AYERS the scheme will
gin out to the school fund, to the Ter
ritorial fund aud in disbursements for
oil, we presume, to run the machine,
and dividends to stockholders, to the
aggregate of $500, 900 annually, which,
necessarily, must come from the
pockets Of eur people which, accord
ing to the last U. s. census numbered
50050. This would add an additional
per capita tax, to every biped in the Ter
ritory, both great and small, Of $40, Of
which sum, taxpayers the Courier only
promised return Of thirty per cent,
while seventy per cent Of the sum
inures TO the schsmers The $780,
900 annual receipts from that source
turned into the Territorial Treasury
(as predicted by the Courier il would
be) according to the Treasurer's report
for the years 1886, only requires an
additional annual tax of $l3,07t.50 to
fully meet disbursements. Should
such be the case and attachments in
annual ieYies follow, tia payment Of
promised dividends to the Territory
would prove acceptable to the MINOR
ity of our citizens, the class who pay
the taxes, but it would be objected TO by
the major class who do not pay taxes
An idea can be- formed Of the system
proposed to be enacted by the legisla
turs, and advocated by the Prescott
Courier, by entering gristmih and
seeing the operation Of conveying
grain from one bin to another,
by means of a screw, while the
the principal is the same, ac-
cordlng to the Courier, there is q
leakage Of seventy per cent in the
lottery conVeyor which inures 70 the
schemers, although the Courier does
not say 50, but ii does say "the Courier
does not gamble, but thousands Of
people do, and as long as games Of
chance arc permitted this new game
which can be made to put money in
our depleted treasury, will, no doubt,
receive due attention from our legis-
\ lators,' Il
y aEaszssssassssssseases7saeas@
Nhebh er from doiiG8cy or policy,